I generally don't announce it here for fear of beatings, but I have a Rossi 357snubby. I've put a lot of rounds through it and have never had a problem with it. The fit and finish are great and it has a sweet trigger(better than Rugers out of the box). I really like it. But I think it only cost $250 new a few years back.
However, for $400, you would be better off getting a used Ruger or Smith. Or spend a little more and get a new one. They will have a much higher resale value and they will tend to be more reliable. If ever needed, getting warranty work done on them is much easier and quicker. I have heard many nightmares about Taurus/Rossi warranty work.